Earnings Per Common Share

3 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Earnings Per Common Share

6.      Earnings per common share — The following table sets forth the computation of basic and diluted loss per common share (in thousands, except per share amounts):

	Three Months Ended September 30,
	2019			2018
Net loss	$	(9,629	)	$	(8,109	)
Less: Income to participating securities		—			—
Net loss attributable to common shares	$	(9,629	)	$	(8,109	)
Weighted average number of common shares    outstanding basic		44,955			44,490
Effect of dilutive stock equivalents		—			—
Weighted average number of common shares    outstanding diluted		44,955			44,490
Net loss per common share basic	$	(0.21	)	$	(0.18	)
Net loss per common share diluted	$	(0.21	)	$	(0.18	)

For the quarters ended September 30, 2019 and 2018, all options representing the rights to purchase shares, respectively, were not included in the dilutive income per share calculation, because the assumed exercise of such options would have been anti-dilutive.